Audit

The changes to the financial statement audit will be shaped by four factors: technology, methodology, standards and skills.

The goal of the tech initiative is to create a Dynamic Auditing Solution.

The official passed along confidential lists of which audit clients would be scrutinized.

The firm relied on technical reports done by an affiliate during three consecutive audits of a Canadian gold-mining company.

The auditors had fallen behind, according to the commission, and falsified their documentation to make a deadline.

Text message recipients were told there was impending, unspecified bad news coming before the accounting scandal unfolded.

The American Institute of CPAs testified Tuesday at an Internal Revenue Service hearing about the problems the AICPA is anticipating from the IRS and Treasury Department’s proposed rules for auditing large partnerships.

A competition watchdog started investigating the industry a day after another regulator said it was considering banning firms from doing consulting work for the companies they audit.

The International Auditing and Assurance Standards Board has released a revised standard for auditing accounting estimates and several related disclosures.

The bank was allegedly being used to launder billions of dollars in dirty money through its Estonian unit.